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HB1436

Sales tax revenues; entertainment arena.

Status:
Killed

Chief Patron:
Bonita Anthony (D)

Session:
2024 Regular Session

Summary

As Passed House of Origin. Sales tax revenues; entertainment arena.

Adds entertainment arena to the definition of public facility to allow a locality to collect all sales tax revenues generated by transactions at such a facility, provided that a locality owns an interest in the facility and contributes to financing its construction. The bill also allows a municipality to issue bonds to finance a public facility on or after July 1, 2024, but prior to July 1, 2027, and adds Henrico County to the list of eligible localities. (Less)

  • Bill History

  • 01/18/2024 - House: Presented and ordered printed 24103378D
  • 01/18/2024 - House: Referred to Committee on Finance
  • 02/02/2024 - House: Assigned Finance sub: Subcommittee #2
  • 02/03/2024 - House: Impact statement from TAX (HB1436)
  • 02/06/2024 - House: House subcommittee amendments and substitutes offered
  • 02/06/2024 - House: Subcommittee recommends reporting with amendments (5-Y 3-N)
  • 02/07/2024 - House: Reported from Finance with amendment(s) (13-Y 8-N)
  • 02/09/2024 - House: Read first time
  • 02/12/2024 - House: Read second time
  • 02/12/2024 - House: Committee amendments agreed to
  • 02/12/2024 - House: Engrossed by House as amended HB1436E
  • 02/12/2024 - House: Printed as engrossed 24103378D-E
  • 02/13/2024 - House: Read third time and passed House (66-Y 33-N)
  • 02/13/2024 - House: VOTE: Passage (66-Y 33-N)   Close Floor Vote
  • 02/14/2024 - Senate: Constitutional reading dispensed
  • 02/14/2024 - Senate: Referred to Committee on Finance and Appropriations
  • 02/20/2024 - House: Impact statement from TAX (HB1436E)
  • 03/09/2024 - Senate: Left in Finance and Appropriations

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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